View Single Post
  #37  
Old 02-23-2019, 08:33 AM
Bumfisherman Bumfisherman is offline
Redfish
 
Join Date: Jul 2013
Location: Hackberry, LA
Posts: 142
Cash: 710
Default

I am in the process of building a new home now on the water in Hackberry. The building codes after the hurricanes have driven up construction costs astronomically. These costs have nothing to do with LNG?s. The demand for housing due to the LNG construction has caused rental rate increases and workers have made leases on camps that were historically fishing camps rented by the weekend. The reason for high prices on vacation type rentals has a lot to do with rising property tax rates and insurance costs. If you pay cash for a $500,000 camp the taxes, insurance, maintenance, and utilities can easily cost $1,500 per month.
Reply With Quote